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Why cryptocurrency is the future of electronic cash systems
...e capabilities of blockchain technology to empower a better future of P2P payments via cryptocurrencies (despite the Bitcoin dip). When considering the current landscape of digital cash systems, consumers have quite a few concerns with using fiat payment processing companies. And here are some improvements that cryptocurrencies–as the future of electronic cash–can provide. **Improving Co...
Path: BlogLithuania Payment Institutions License
... from unprofessional market participants and issue electronic money.Timeframe: 6-9 months from the date when the application is lodged with the Bank of Lithuania Minimum paid capital: EUR 125,000.00 Three major advantages for the payment processing companies to be licensed in Lithuania in order to provide financial services in Europe (EU/EEA area are): Lithuanian regulato...
Path: Licensing